Matheson Takes A Major Stake In RASIRC
Matheson has acquired a majority share of RASRIC Corporation, which develops products that purify and deliver ultra-pure liquids and gases with a primary focus on water vapour.
Matheson provides industrial, medical, specialty and electronic gases, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements. Its products are used in the growth of silicon and compound semiconductors.
William J. Kroll, Chairman & CEO of Matheson states, "This acquisition is consistent with our overall electronics & solar strategy to enhance our suite of value-added purification technologies and provide for continued innovation in our related product lines. RASIRC, using membrane technology, offers significant synergy not only to our existing line of purification products, but also to our high purity material business; this is because more liquid chemicals and precursors are being used in advanced technology nodes of semiconductor manufacturing."
"RASIRC will continue to develop new and innovative products focused on in-situ chemical generation of ultra-high purity vapours from liquid chemical sources," adds Jeffrey Spiegelman, RASIRC founder and president. "Having global infrastructure, logistics, and R&D, the Matheson presence will assure customers that we have the size and stability to support them through a complete product adoption cycle - from bench top testing, to pilot line, and high volume."
